KOTUG Completes SPM Buoy Upgrade for Azule Energy
18. This buoy, one of the largest of its kind in the world, was installed in 2007 at approximately 1,200 meters. It is the primary export route for oil from the Greater Plutonio FPSO.The key objective for the project was to ensure that the replacement work was carried out without disrupting ongoing oil production and export operations. To achieve this, KOTUG’s team conducted a comprehensive site survey, handled engineering and procurement, and developed detailed procedures to ensure safe, high-quality execution within the limited timeframe between tanker calls at the SPM.In October 2024, KOTUG&rsquo
US Oil Focused on Economics, not 'Drill, Baby, Drill' - Exxon Mobil Exec
during the election campaign to boost domestic oil and natural gas output. Reuters reported on Monday that his transition team is putting together a wide-ranging energy package to roll out within days of his taking office.The U.S. is already the world's top oil producer following a surge in shale oil production, pumping over 13 million barrels per day earlier this year.(Reuters)The West Hercules platform oil rig moored off the coast of Newfoundland, with the supply vessel Atlantic Kingfisher is offloading supplies onto the rig. Copyright Dolores Harvey/AdobeStoc
Enbridge to Build Pipelines for BP’s US Gulf of Mexico Deepwater Oil Project
expand our U.S. Gulf Coast footprint. The agreements generate stable and predictable cash flow and provide future growth opportunities," said Cynthia Hansen, EVP & President Gas Transmission and Midstream.In July 2024, BP made a final investment decision on the Kaskida project, with the oil production expected to start in 2029.Kaskida will be BP’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80,000 barrels of crude oil per day from six wells in the first phase.In August, BP selected Exmar Offshore and Audubon Engineering Company
![“Our province has been shaped by the Atlantic Ocean. It can be extremely cold, extremely unforgiving. If it works here, it will work anywhere. The technology we [develop and] use here can be adapted to anywhere else in the world. We are adaptive, we're nimble, we're problem solvers. And at the end of the day, we are collaborative."
Minister Andrew Parsons, Industry, Energy & Technology, Newfoundland & Labrador, Canada. Photo courtesy the office of Minister Andrew Parsons](https://images.marinetechnologynews.com/images/maritime/w200h200padcanvas/province-been-shaped-153427.jpg)
NL Government Helps Power Regional Maritime, Offshore Energy, Subsea Tech Cluster
year. So you're looking at about a $200m market value that is anticipated to grow.”While the fisheries are the backbone, offshore energy is the muscle. Again, a commodity which has its peaks and valleys. In 2023 the Province produced about 73 million barrels, or about $8 billion in oil production. With the Terra Nova FPSO going back into production in November 2023, Parsons expects oil production to rise to around 82 million barrels this year.Another promising development is Cenovus’ nearly billion-dollar investment in constructing the West White Rose Project now, another key plank
Sapura Ônix Heads to Atlanta Field to Install Subsea Equipment
The specialized vessel Sapura Ônix is on its way to Atlanta Field in Santos Basin, offshore Brazil, where it will carry out the installation of subsea equipment to support the oil production, targeted for August 2024.Brazilian oil and gas company Enauta said the Sapura Ônix vessel is en route to install multiphase pumps (MPPs), umbilicals for power and data transmission, and production risers, connecting the wells’ subsea infrastructure to FPSO Atlanta.The FPSO Atlanta, chartered and operated by Malaysia’s Yinson Production, is currently being anchored on site, following its
Final Subsea System Components for Atlanta FPSO En Route to Brazil
.The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos Basin have been shipped.The flexible pipeline system, the final subsea system component that will support the first oil production at the Atlanta field, set sail from England to Brazil on March 15, 2024, Brazilian oil and gas company Enauta has informed.Delivery of the system expected by the end of the month, according to Enauta.The FPSO Atlanta’s first oil is expected in August 2024, in accordance with the initial
Woodside Hires Subsea 7 for Trion Subsea Installation Services Offshore Mexico
, Vice President for Subsea 7 Gulf of Mexico.Woodside made final investment decision (FID) for Trion project in June 2023. Woodside is the operator with a 60% participating interest and PEMEX holds the remaining 40%.Trion field will be developed through a floating production unit (FPU) with an oil production capacity of 100,000 barrels per day.The FPU, to be built by South Korea’s HD Hyundai Heavy Industries, will be connected to a floating storage and offloading (FSO) vessel with a capacity of 950,000 barrels of oil.The first oil is targeted for 2028.US Supplier to Provide Subsea Wellhead
US Supplier to Provide Subsea Wellhead Systems for Woodside’s Trion
Mexican Villahermosa facility will play a crucial role in supporting the Trion project."We are pleased to play a pivotal role in this significant project with Woodside. This partnership underscores the success of our innovative solutions, supporting the milestone of Mexico's first deepwater oil production with the Trion project," said Don Underwood, Vice President - Subsea Products at Dril-Quip.Woodside made final investment decision (FID) for Trion project in June 2023. Woodside is the operator with a 60% participating interest and PEMEX holds the remaining 40%.Trion field will be developed
China Puts First ‘Home-Made’ Subsea Xmas Tree Into Operation
an overall weight of nearly 22 tons.It is a piece of equipment used in subsea production systems in the offshore oil industry, can efficiently increase oil output of oilfields. The Xmas tree is able to pump seawater with a maximum pressure of about 17 MPa into the reservoir, to increase the overall oil production.To remind, CNOOC recently started production from its Suizhong 36-1/Luda 5-2 discovery, located in Liaodong Bay of Bohai Sea.The project is expected to achieve a peak production of approximately 30,300 barrels of crude oil per day in 2025.It represents the largest secondary development and adjustment
February 2025
